Prevailing Multiple Employer Plan — Form 5500 plan (Diversified Protection Corporation)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Prevailing Multiple Employer Plan is a benefit plan reported by Diversified Protection Corporation under EIN 20-5742294 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,202 participants and $10,252,993 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Diversified Protection Corporation
EIN
20-5742294
Plan number
001
Plan type
2
Location
Daniel Island, SC
Latest filing year
2023
Participants
1,202
End-of-year plan assets
$10,252,993

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,202H, C20241015164254NAL0050505440001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$10,252,993
Total liabilities (EOY)
$22,423
Net assets (EOY)
$10,230,570
Net assets (BOY)
$8,765,308

Income & contributions

Employer contributions
$3,278,203
Participant contributions
$363,733
Total contributions
$3,641,936
Total income / additions
$4,608,977

Expenses & distributions

Benefits paid
$2,773,091
Administrative expenses
$153,365
Total expenses
$2,926,456
Net increase / (decrease)
$1,682,521

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Pentegra Services, Inc.RECORDKEEPER$68,374not reported in the loaded dataset2023
Novus AdvisorsINVESTMENT ADVISOR$44,564not reported in the loaded dataset2023
Specialized Plan AdministratorsRECORDKEEPER$35,587not reported in the loaded dataset2023

Related Form 5500 pages